Pilipinas (Philippines)

[execute]

Hey lophie, I assumed you understood tagalog. He was basically asking for help on how to setup his korean friends here in the PH on how to get started on bitcoins. I said he should consider buying from you. ;-)

On a side note, I'd love to buy your 20BTC but the price is just not right for me at the moment.

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[Dabs]

Mayroon akong ilang mga kaibigan sa Philippine nais na malaman at simulan ang bitcoin Maaari sinuman matulungan simulan ang mga ito? gusto nila na maging isang araw negosyante at pati na rin ang maliit na minero na may maliit na mamuhunan

Anong klaseng tulong ang kailangan nila? Maari silang bumili ng bitcoins sa localbitcoins o kaya kay lophie dito. Ang mga gamit na pang mina, maari din mabili sa forum na ito. Si Dabs mayroon ding binebenta atang mga pang mina na USB.

I read my name there, I am very sorry I am new to the philippines and still dont understand the language

Let me try to translate, without using Google:

I have a few friends in the Philippines who wish to learn and start with bitcoin. Is there anyone who can help? They want to one day be a businessman and also a small miner with a small capital investment.

What kind of help do they need? They can buy bitcoins at localbitcoins(.com) or through lophie here. The miners can also be bought here. Dabs has a couple of Blue Fury's left. (USB based mini miner, 2.1 to 2.5 GH/s).


You can also learn how to mine using GPUs, but for bitcoin it is no longer profitable, you will spend more in electricity than the bitcoins you mine. However, you can still mine some of the other alt-coins (alternative coins) such as Litecoin and Tagcoin. Which is what some of us are doing, mining a whole bunch of crazy coins. (Just take a peek at the alternative currencies forum, it's really crazy with dog coins, cat coins and mouse coins.)

[lophie]

Hello again awesome people. I have 20BTC selling them at 5% BELOW the market price. This is a very generous offer for a limited time. You can call me on 09064326940. You can buy a fraction of the amount as well!

Do not hesitate and invest today, The prices are going up again.

Now it is 7%, 7.5% to whoever make this happen today, the 27th of December. Thanks folks and btw Fraction buyers who just wants some, YES I will give you this discount just make this happen TODAY please.

I am about to sleep havent slept for a looong while now. if you are REALLY buying wake me up please on 09064326940.

I am actually amazed I havent sold those 20 coins yet..... -_-! for god sake 7% off!, baby Jesus is crying....

[mee.goo]

I am about to sleep havent slept for a looong while now. if you are REALLY buying wake me up please on 09064326940.

I am actually amazed I havent sold those 20 coins yet..... -_-! for god sake 7% off!, baby Jesus is crying....

If you could lower the initial buy limit on localbitcoins, maybe you could sell it that fast on small buyers like me. Would like to buy a fraction of your coins, if you don't mind

[lophie]

I am about to sleep havent slept for a looong while now. if you are REALLY buying wake me up please on 09064326940.

I am actually amazed I havent sold those 20 coins yet..... -_-! for god sake 7% off!, baby Jesus is crying....

If you could lower the initial buy limit on localbitcoins, maybe you could sell it that fast on small buyers like me. Would like to buy a fraction of your coins, if you don't mind

ok but localbitcoins is for my general long term deals but smalls deals are okay. how much do you want? are you the one who smsed me? that amount is okay.

Basically I am doing everyone a favor coins are super cheap your profit is guarenteed! dunno why ppl here hesitate!

catch? I just need money!

[Dabs]

Confirmed, I just bought coins from lophie today. Good rate. Doesn't get better than today.

[mee.goo]

Waiting my first coins from lophie  

Edit: And i got it. Woohoo! Thanks lophie ~

[hardinero007]

hi lophie. is your 7% discount also applicable for 1 btc transaction?  how do you want the payment made?  if bank transfer, which banks are applicable to you?  its saturday today, and banks will open jan 2.  i'm still thinking...  enjoy your vacation.

[lophie]

hi lophie. is your 7% discount also applicable for 1 btc transaction?  how do you want the payment made?  if bank transfer, which banks are applicable to you?  its saturday today, and banks will open jan 2.  i'm still thinking...  enjoy your vacation.

I finally got an account at BDO . I am sorry to infor you the 7% offer has expired. However I am still offering 5% which is still theblowest price in the market. Now the suprise! I have 10million pesos worth for sale!!!!!! At this discount! Grab a piece of this today!

[Dabs]

Cool. Pm or email me your BDO account number. I will add you to my internet banking for instant, any day, any time electronic fund transfers. I will be a regular buyer.

[gigamike]

Happy New Year Kabayan 

Mike

[lophie]

Happy new years my friends. This is Lophie all the way from palawan greetin ya! ^_^.

[hashpuppy]

Hi Lophie.....happy new year. Which country are you from?

[hashpuppy]

BITCOIN MINING SETUP

Hi folks! Newbie here, been lurking and finally got posting rights today 

Anyone interested in setting up a bitcoin mining operation in manila? we're looking at preordering T hash rigs. There are known risks and unknowns of course, but we're optimistic on its future. We're still conducting due dilligence, today we believe it will be worthwhile (not to mention the fun while at it).

I know a lot of folks have lots of experience (mine is limited to GUI mining in the advent of asics) and any leads/guidance would be appreciated. Potential partners very much welcome of course.

Let me know and we can plan an ad-hoc meetup here in Manila. Thanks guys!

Jobim

Bitcoin lang ba....pwede bang altcoins?

[lophie]

Hi Lophie.....happy new year. Which country are you from?

I am from the Middle East, Saudi Arabia ^_^. Regarding the mining operation, I used to mine various coins. Lets meet in manila ad discuss this. I might invest as well

[execute]

Hi guys, would like to show you a little project I hacked up: It's called Coin PNG. It basically allows you to generate a PNG image of a price conversion that updates every page load. :-)

For example: I would like to sell a television worth $50 and would like to get paid in BTC. I would post this image: http://coinpng.com/cfc11fb8.png

I know there other services like this, but mine has some added features :-)
Announced it on this forum too, here.

Check it out at http://coinpng.com. :-)

[tagbond]

Setting up a mining operation in Philippines is much more expensive than other locales, due to power costs...and with meralco the situation is not going to get any better.. But if you need advice let me know..

[Dabs]

Blue Fury x 2 and Ice (Nano) Fury x 2 available for sale. 2+ GH/S each. Supposed to be 2.5, but they rarely get that high. 2.1 maybe. Although the pool I tested with (eligius.st) shows 2.9 for one of these units. Price is 3,600 PHP each, payable in cash, bitcoin or tagcoin.

ROI in 5 months on constant difficulty, which we all know isn't going to happen, so these units are just learning or fun tools, not a business.

Buy all 4 for 13,000 PHP. No meet up, I will ship to you via Air21 for free.

[Ayakashi]

Hi,

I'm a professional software developer and I've been working on writing a Bitcoin exchange from scratch.  I think the Philippines may be a good location to open an Exchange and the legal requirements appear to be reasonable.  Does anyone have any thoughts on that?

I've done some initial checking into what it would require to create a new foreign-owned corporation in the Philippines, because I intend to be fully registered.  One thing I haven't been able to learn much about is what the banking situation is like.  The US has ACH for moving funds in and out of banks.  India has NEFT. etc.  Does a similar situation exist in the Philippines and if so, what is it?  I've been able to see that if you have an account at "BankA" you can move money easily to another account, but I'm not sure whether this is easy between banks.

Any thoughts are appreciated.

Thanks

[execute]

Hi,

I'm a professional software developer and I've been working on writing a Bitcoin exchange from scratch.  I think the Philippines may be a good location to open an Exchange and the legal requirements appear to be reasonable.  Does anyone have any thoughts on that?

I've done some initial checking into what it would require to create a new foreign-owned corporation in the Philippines, because I intend to be fully registered.  One thing I haven't been able to learn much about is what the banking situation is like.  The US has ACH for moving funds in and out of banks.  India has NEFT. etc.  Does a similar situation exist in the Philippines and if so, what is it?  I've been able to see that if you have an account at "BankA" you can move money easily to another account, but I'm not sure whether this is easy between banks.

Any thoughts are appreciated.

Thanks

Hi Ayakashi, I agree with you that the Philippines would be a great location to open up an exchange, considering all the remittances moving into the country because of Overseas Filipino Workers (OFWs).

Not sure about moving money from Bank A to Bank B, I've yet to experience transferring funds easily to a different bank. Not really an expert on our banking systems, beyond the scope of regular banking. I heard that within bank transfers are possible, but process or ease is not standard in all banks.

I heard that our central bank, the Banko Sentral ng Pilipinas (BSP) might possibly impose a license of upwards of $2.5M but that is not at all confirmed info. I think they would categorize bitcoins as "issuing of virtual currencies" which I would argue that is technically wrong.
My assumption is that our government has no stance on, and possibly, no knowledge about bitcoins.

I'd be happy to help you out, I myself am an entrepreneur and I have some programming background. Let me know specific info you want to know and maybe I can make calls on your behalf. I would love to have a local exchange here! :-)